I remember there was a theme on the MEL threads when comparing VEN to MEL share prices. The logic was VEN should trade at around 3x MEL.
VEN is down at .009 today or about 1.8 times MEL. So is MEL overpriced or is VEN about to jump? Or do I just have to much nervous energy waiting for the SPP axe to fall?
Ann: MEL Investor Presentation June 2024, page-49
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.237M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $15.10K | 3.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 12429649 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3756407 | 5 |
View Market Depth
| Last trade - 15.46pm 17/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |